I really like this news....I think it is OBJX time....
(COMTEX) B: (IOX.) Iobjects Announces New Digital Audio Player Techno
B: (IOX.) Iobjects Announces New Digital Audio Player Technology for the
Next-Generation Auto PC
SEATTLE, Aug 4, 1999 (BUSINESS WIRE via COMTEX) -- Interactive Objects
(OTC BB:OBJX), today announced development of a digital audioplayer for
the next-generation Auto PC(a) that enables hours of CD-quality digital
music to be played in a car.
Specifically designed to support the myriad file formats and codecs
currently available for music compression, Iobjects' technology
exploits the huge storage capacity, voice-activated playback, and
hands-free music file navigation available from the next-generation
Auto PC platform.
Powered by the Microsoft Windows CE operating system, the Auto PC is an
in-car entertainment and information platform technology developed by
Microsoft. Hardware versions of the Auto PC platform fit into most
automobile dashboards, have color LCD screens, high-powered AM/FM
stereos, and CD-ROM drives. The inclusion of the CD-ROM drive allows
users to access vast stores of data on their Auto PC. Depending on the
compression format used, a single CD-R can store up to 25 CDs worth of
compressed, digital music. Owners of the Auto PC will also have the
option to include the additional storage capacity of compact flash.
These flexible forms of storage enable users to create complete
libraries of digital music on a single CD-R or compact flash card for
easy access to different genres of music: a collection of favorite
classical pieces, 90s hits, or a special compilation of an individual
artist's work. While a standard CD holds 10+ songs and allows for
indirect access to any song through the "skipping" functionality, a
CD-R containing hundreds of songs requires a more advanced navigation
solution. Iobjects' technology incorporates a hierarchical file
management system that allows for logical organization and direct
access to a desired track. The true benefit of this incredible storage
capacity is that it eliminates the need to haul around many individual
CDs.
"We mastered digital audio compression optimization with our recent
development of the Mobile Audio Player for Windows CE, digital music
player software for the Palm-sized PC. The obvious next step was to
bring digital music to the Auto PC," said Mark Phillips, Chief
Technology Officer, Iobjects. "As developers, we're lucky to know how
to create the technology we want to buy as consumers - we wanted all
our favorite music in the car all the time. It's the future of digital
music and it's happening right now."
While the player currently supports MP3 files, the most common file
format for digital audio files, Iobjects is working to include support
for all major digital file formats and codecs. The Company's compressed
sound technology supports all common compression bitrates, plays any
digital audio file at full 44k stereo, and is designed to support
streaming media when the functionality for this cutting-edge technology
is made available to car computing devices in the future.
Iobjects' digital audio player for the Auto PC is currently available
to OEMs for inclusion in hardware implementations of the
next-generation Auto PC. Additional information about Iobjects'
development efforts can be found on the Company's web site,
iobjects.com
(a) Auto PC is the name of platform technology developed by Microsoft
About Interactive Objects, Inc.
Former Microsoft employees founded Interactive Objects in 1995 to
develop object software for commercial Internet and intranet
applications. Today, Iobjects continues to evolve and expand its
offerings by leveraging revenue generating intellectual property and
technical talent. Through its consulting subsidiary, Avatar
Interactive, the Company offers a full range of development services
including custom software solutions, Internet development, software
training, and testing. Iobjects' Information Appliances division
continues to develop and mature its research and development efforts
for embedded systems.
Interactive Objects is headquartered at 217 Pine Street, 8th Floor,
Seattle, WA 98101, USA. Interactive Objects is listed on the OTC BB
under the symbol "OBJX" and on the "Third Segment" of the Frankfurt and
Berlin Stock Exchanges under the symbol "IOX" and German securities
code WKN: 913011. The Company can be reached on the web at
iobjects.com
For additional information, please contact Iobjects' PR at
pr@iobjects.com or Investor Relations at investor@iobjects.com. Either
department can be reached via telephone at 206/464-1008.
Certain information included in this communication contains statements
that are forward-looking, such as statements relating to the future
anticipated direction of the high technology industry, plans for future
expansion, various business development activities, planned capital
expenditures, future funding sources, anticipated sales growth and
potential contracts. These forward statements are subject to a number
of known and unknown risks and uncertainties that could cause actual
operations or results to differ materially from those anticipated.
These risks include, among others, risks associated with unproven sales
of the Company's products, risks associated with the software
development process and risks related to the transition to a new
management team. Certain of these risks and other risks are described
in the Company's Registration Statement on Form SB-2 filed with the
Securities and Exchange Commission (SEC). The registration statement is
available from the SEC's Web site at sec.gov
Craig |
